Brick Factory Seeking Loan in Malé, Maldives

Brick manufacturing company in Maldives, having a daily production capacity of 4,500 bricks.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 400 thousand
EBITDA Margin
33 %
Industries
Locations
Local Time
6:34 AM Maldives
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 200 thousand for 18.0% annual interest, 4 years (Native Currency: MVR 3,000,000)
Reason: To buy automatic brick making machines for the existing plant and to setup another plant in Hulhumal... View More
Collateral Available: USD 320 thousand
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Company incorporated in 2015 manufactures various types of bricks.

- Have more than 30 clients. Our clients are mainly construction companies.

- We recently constructed a manufacturing unit and it can produce 4,500 bricks per day.

- Have 5 types of bricks and some of them are Cement Bricks, Sand Brick, s Hollow Blocks, Solid Blocks.

- Company owns 2 boats through which sand from sea is procured and cement is procured from the local dealers.

- Have 2 pickup trucks which we use for delivery purpose.

- Manufacturing unit has 3 floors out of which 2nd and 3rd floor is for staff accommodation.

- Physical assets include boats, trucks, concrete machine and other equipment.

Products & Services Overview

Manufacturer of Hollow, Solid Block, Cement and Sand bricks.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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